F.T.C. v. SHKRELI

20cv00706 (DLC).

581 F.Supp.3d 579 (2022)

FEDERAL TRADE COMMISSION, State of New York, State of California, State of Ohio, Commonwealth of Pennsylvania, State of Illinois, State of North Carolina, and Commonwealth of Virginia, Plaintiffs, v. Martin SHKRELI, Defendant.

United States District Court, S.D. New York.

Signed January 14, 2022.


Attorney(s) appearing for the Case

For plaintiff Federal Trade Commission: Markus H. Meier , Bradley S. Albert , Armine Black , Daniel W. Butrymowicz , J. Maren Haneberg , Leah Hubinger , Lauren Peay , Neal J. Perlman , James H. Weingarten , Amanda Triplett , Matthew B. Weprin , Federal Trade Commission, 600 Pennsylvania Avenue, NW, Washington, DC 20580.

For plaintiff State of New York: Elinor R. Hoffmann , Bryan Bloom , Jeremy R. Kasha , Amy E. McFarlane , Saami Zain , Office of the New York Attorney General, Antitrust Bureau, 28 Liberty Street, 20th Floor, New York, NY 10005.

For plaintiff State of California: Michael D. Battaglia , Office of the Attorney General of California, 455 Golden Gate Avenue, Suite 11000, San Francisco, CA 94102.

For plaintiff State of Illinois: Richard S. Schultz , Office of the Attorney General of Illinois, 100 W. Randolph Street, 11th Floor, Chicago, IL 60601.

For plaintiff State of North Carolina: Jessica V. Sutton , North Carolina Dept. of Justice, Consumer Protection Division, 114 West Edenton Street, Raleigh, NC 27603.

For plaintiff State of Ohio: Beth A. Finnerty , Office of the Ohio Attorney General, 150 E. Gay Street, 22nd Floor, Columbus, OH 43215.

For plaintiff Commonwealth of Pennsylvania: Joseph S. Betsko , Pennsylvania Office of Attorney General, Strawberry Square, 14th Floor, Harrisburg, PA 17120.

For plaintiff Commonwealth of Virginia: Tyler T. Henry , Office of the Attorney General of Virginia, 202 North Ninth Street, Richmond, VA 23219.

For defendant Martin Shkreli: Christopher H. Casey , Jeffrey S. Pollack , Andrew J. Rudowitz , Sarah Fehm Stewart , Sean P. McConnell , J. Manly Parks , Duane Morris LLP, 30 South 17th Street, Philadelphia, PA 19103.


OPINION AND ORDER

Procedural History 591

Background 594

I. FDA Drug Approval Process for Generic Drugs 594

II. Retrophin 597

III. Vyera is Founded 598

A. Vyera Acquires Daraprim 599 B. Daraprim's 2015 Price Hike...

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